- Temporary railroad shutdowns in December 2023 stranded nearly 10,000 rail cars on both sides of the U.S. and Mexico border with embargoed goods on over 60 trains
- With disruptions to cross-border trade on the rise, companies are seeking more reliable ways to organize, facilitate, and monitor their cross-border shipments
- Fr8Tech, a tech company on a mission to revolutionize cross-border shipping, has positioned itself as the go-to brand for such services through its Fr8App system
- Fr8App seamlessly connects shippers with carriers and drivers, and offers comprehensive real-time tracking, fleet management, live pricing, and transportation management
The ongoing migrant crisis has exposed the downsides of reliance on America’s railroad network (https://ibn.fm/CwfUV). Two international railway crossing bridges in Texas were temporarily shut down in December 2023 following a reported surge in smuggling of migrants through Mexico by train. The shutdown stranded nearly 10,000 rail cars on both sides of the border, with goods embargoed on over 60 trains every day of the closure (https://ibn.fm/BgyXU).
Situations like these have highlighted the value of a reliable and dependable way to organize, facilitate, and monitor cross-border shipments, especially within the USMCA (United States-Mexico-Canada Agreement) region. Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company that is…
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT
Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com
About TechMediaWire
TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.TechMediaWire.com
Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer
TechMediaWire
Los Angeles, CA
www.TechMediaWire.com
310.299.1717 Office
Editor@TechMediaWire.com
TechMediaWire is powered by IBN
